MARKET STATISTICS
Foreclosures in Charlottesville – As Seen on Google
What doesn't Google know? Notes: - The foreclosures here may or may not be accurate. - The foreclosures here may not be timely. - We're not as bad off as the other, extreme areas of the United States. Context is key. But foreclosures still suck.…
ALBEMARLE
Showed Houses in Charlottesville Last Week -or- Why AVMs Suck
I showed a few townhouses last week. Big news, right? I won't say the price at which the referenced property is listed, for fear of giving specific real estate advice. It's new to the market, surrounded by competition that have been on the market from…
MARKET STATISTICS
When Evaluating the Charlottesville Real Estate Market, IGNORE National Data
Take your lede: - Home sales in 2010 are up 14% in Charlottesville and Albemarle year over year. - Home sales in 2010 are up 19% in Charlottesville MSA year over year. - Foreclosures continue to climb in Charlottesville and Albemarle. - Questions abound regarding…
CHARLOTTESVILLE
Weekly Charlottesville Real Estate Market Update – June 1 2010
Look back at the data from the first of the year ... analysis of "where we are now" coming soon. It is too soon to pull the data on sold homes in the Charlottesville region via the Charlottesville MLS; usually it takes a few days…
ALBEMARLE
Charlottesville and Albemarle Governments Clash. Again.
For anyone interested in a prime example of the City of Charlottesville's and County of Albemarle's occasionally dysfunctional relationship, Rachana Dixit and Brandon Shulleeta have great story in today's Daily Progress. When explaining the City/County relationship to relocating buyers, I often describe the governments as…
POLITICS
The Burden of Proof – Real Estate Assessment Appeals
HB570 is an outstanding bill in the Virginia General Assembly that takes on particular relevance in 2010, with property assessments likely being challenged by some in Charlottesville, Albemarle and surrounding Counties. Why? It "Changes the burden of proof from the taxpayer to the assessor when…
ALBEMARLE
Albemarle County Assessment Figures Released
From a press release from the County this morning ... much more to come later ... bolding mine. Albemarle County is sending reassessment notices to taxpayers this week reflecting changes in property values resulting from the County's recently completed annual reassessment. The 2010 reassessments show…